India pakistan talks

Global private equity firm General Atlantic plans to plough $2 billion into India and Southeast Asia over the next two years after falling valuations made the region's startups more attractive, a senior executive told Reuters . General Atlantic is in early-stage investment talks with about 15 companies in sectors including technology, financial services, retail and consumer, Sandeep Naik, the head of its business in India and Southeast Asia, said in an interview. The market for startups, especially in India, is going through a rough patch. After raising a record $35 billion in 2021, founders are struggling to attract cash, sparking fears of lower valuations and forcing some to cut jobs. After investing just $190 million in Indian startups in 2021, its lowest ever annual figure, General Atlantic is now ready to loosen its purse strings, Naik said in an interview at the World Economic Forum in the Swiss ski resort of Davos. "The realism is setting in. We were waiting for the … [Read more...] about General Atlantic plans $2 billion investment in India, Southeast Asia

Rice loaded for export. The focus should be placed on building brands for Vietnamese rice and increasing brand recognition to expand export to ASEAN markets. — VNA/VNS Photo Compiled by Mai Linh HÀ NỘI — ASEAN has been a huge potential market for Vietnamese rice, and export firms should have a strategy to expand in the market of nearly 700 million people with similarities in culture and lifestyles, Nguyễn Thị Thu Thủy, deputy director of Export Support Centre under the Việt Nam Trade Promotion Agency has said. Among ASEAN countries, the Philippines is the largest export market for Vietnamese rice, with a volume of 2.45 million tonnes worth US$1.25 billion and an average price of $509.7 per tonne in 2021, a rise of 10.7 per cent, 18.5 per cent and 7.1 per cent against 2020, respectively. Despite being the world’s third-biggest rice exporter after India and China, Indonesia is a potential market for Vietnamese rice. Phạm Thế Cường, trade counselor of Việt Nam in Indonesia, … [Read more...] about Vietnamese rice must increase brand recognition in ASEAN

Passengers on the first Vietjet Air flight from Seoul to Nha Trang. (Photo: vietjetair.com) Hanoi (VNA) – Celebrating a vibrant summer and welcoming life back to Vietnam's famous paradise beaches, budget carrier Vietjet has officially reopened flights connecting Seoul and Nha Trang, Phu Quoc and Hai Phong. The first flight back to Nha Trang from Seoul on May 20 was greeted with a water cannon salute, flowers and gifts, showing Vietnam’s warm hospitality to visitors. Vietjet plans to relaunch services from Seoul to Phu Quoc and Hai Phong and vice versa this May, raising the total routes linking Vietnam and the Republic of Korea to six, given that the two countries are expecting a new wave of tourists from both sides, after the RoK announced the resumption of short-term tourist visas for foreigners from June 1. There are currently three Nha Trang - Seoul (Incheon) round-trip flights weekly, on Wednesdays, Fridays and Sundays. Starting from May 21, Vietjet … [Read more...] about Vietjet reopens flights between Seoul and Vietnam’s beach destinations

VEPR organises a conference on the Việt Nam Annual Economic Report 2022 in Hà Nội on Friday. — Photo baodautu.vn HÀ NỘI — The third quarter will be the most stressful period for inflation, said Trần Toàn Thắng, head of the National Centre for Socio-Economic Information and Forecast, at a conference on the Việt Nam Annual Economic Report 2022. The conference was organised by the Việt Nam Institute for Economic and Policy Research (VEPR) in Hà Nội on Friday. The report highlighted that the Vietnamese economy is in the process of recovery but will continue to face many difficulties this year. Inflationary pressure and production costs are increasing strongly. In addition, risks from the Russia-Ukraine conflict have a huge indirect impact on the country's economy. The slowdown of the global economy and important partner economies of Việt Nam, especially China, which is continuing its "Zero COVID" policy with strict measures, can stress the Vietnamese economy, disrupting supply … [Read more...] about Q3 set to be tough period for inflation

Sampan riding on the Hoài River is one of the most popular tourist activities in Hội An City. Sampan riders in the ancient city are eager to get back to work after more than two years of suspension due to COVID-19. — VNS Photo Bảo Hoa QUẢNG NAM — Entering a new normal phase after more than two years of being hit hard by the COVID-19 pandemic, sampan riders in Hội An City are eager to get back to work, expecting prosperous, stable tourism development for the town. The main riverside walk in Hội An in the central province of Quảng Nam – one of the most beautiful cities in Việt Nam – is usually packed with sampans, which tourists can hire for about VNĐ50,000 per hour for a small one and VNĐ100,000 for a bigger one. Sampans are long and low boats with a wooden hull that two to four people can sit on comfortably. They are used as taxis, fishing boats and for tourism. Nguyễn Thị Nhánh, a sampan rider, said that over months, Hội An had become more and more crowded with visitors … [Read more...] about Hội An sampan riders: the hardships and the smiles